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 Porter Stansberry Research - The End of Barack Obama? Beginnings of an RV?

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Ponee
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Posts: 15272
Join date: 2011-08-09

PostSubject: Porter Stansberry Research - The End of Barack Obama? Beginnings of an RV?   Tue May 21, 2013 3:06 pm

The following link is to a Porter Stansberry Report

It is very long. Click the link or Copy & past this link http://pro.stansberryresearch.com/1304EOAPWAUP/PPSIP504/ into your browser and follow along as Porter Stansberry reads it to you (about 1 hour). I have it in read only document form, but can't get it into the forum.

In short, it is about the end of the USD as the worlds reserve currency, the implosion of the
dollar, and the collapse of the US economy. About half way through he mentions that there
is one thing you can do to protect yourself, and that is to"Invest in a Non-Dollar currency"

I believe that the upcoming "fiscal cliff" deadlines will precipitate this event. They will either
agree to revalue the Dinar and save the US economy OR they will not and since the Dinar is
pegged to the USD the value of the Dinar will rise dramatically against the decline of the dollar.


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Lopster
Mileage Junkie
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Posts: 113
Join date: 2013-04-21

PostSubject: Re: Porter Stansberry Research - The End of Barack Obama? Beginnings of an RV?   Tue May 21, 2013 4:56 pm

better own some silver...protect yourself just in case...the dinar is a gamble...nothing real solid about it necessarily...like you said Ponee, it's pegged to the dollar....they have already RV'd the dinar over 50 times from 2006 to 2008 (from 1400 to 1166), the pip movement in the actions.....It was simply a case of reducing excess reserves to combat inflation...The inflation is under control...IMO they will never be in a hurry to do much, especially great large gains over night...when they do do something as in deleting the zero's co-currencies will exist with the same value until the older currency which is ours dries up... no fairy tale endings here... :( ....just my opinion but i hope for more SOMEHOW Smile
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Ponee
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PostSubject: Re: Porter Stansberry Research - The End of Barack Obama? Beginnings of an RV?   Tue May 21, 2013 5:09 pm

Lopster wrote:
better own some silver...protect yourself just in case...the dinar is a gamble...nothing real solid about it necessarily...like you said Ponee, it's pegged to the dollar....they have already RV'd the dinar over 50 times from 2006 to 2008 (from 1400 to 1166), the pip movement in the actions.....It was simply a case of reducing excess reserves to combat inflation...The inflation is under control...IMO they will never be in a hurry to do much, especially great large gains over night...when they do do something as in deleting the zero's co-currencies will exist with the same value until the older currency which is ours dries up... no fairy tale endings here... :( ....just my opinion but i hope for more SOMEHOW Smile

I agree with the purchasing of the silver, already own some... and do understand the concept you present and unfortunately, find it to be a very real possibility of playing out in that manner. But, like you lopster, I am HOPING for more. Thanks for your input on this thread.
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Lopster
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Posts: 113
Join date: 2013-04-21

PostSubject: Re: Porter Stansberry Research - The End of Barack Obama? Beginnings of an RV?   Tue May 21, 2013 8:28 pm

Welcome Smile
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